Agricultural Credit Conditions Survey

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State Fact Sheet-Outlook

First Quarter 2004 Agricultural Credit Conditions Survey

Published April 1, 2004  |  April 2004 issue

Percent of respondents who expect decreased levels
for the next three months:

 
MN
MT
ND
SD
WI
Ninth District
Rate of loan repayments
4
21
 4
3
6
Net farm income
6
21
15
9
10 
Farm household spending
4
14
 7
3
6
Farm capital spending
2
21
11
9
8
Loan demand
11 
14
15
6
10 

Percent of respondents who expect increased levels for the next three months:

 
MN
MT
ND
SD
WI
Ninth District
Loan renewals or extensions
2
 7
4
 6
43
6
Referrals to other lenders
5
 3
14
3
Amount of collateral required
2
14
4
10
6
Loan Demand
26 
21
37 
31
71
32 

Note: The Upper Peninsula of Michigan is not part of the survey.

Return to: High prices prompt strong ag conditions

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